Three Squirrels

Three Squirrels announced that as of September 30, 2026, the company had cumulatively repurchased 3.9877 million shares, accounting for 0.9927% of total share capital, with a total payment of 71.9465 million yuan, excluding transaction fees. The highest transaction price in this buyback was 19.85 yuan per share, and the lowest was 16.31 yuan per share. The company previously approved a share repurchase plan to use 100 million to 200 million yuan of its own funds to buy back shares through centralized bidding, for equity incentives or employee stock ownership plans and to safeguard company value and shareholder interests. The original repurchase price ceiling was 32.34 yuan per share, adjusted to 32.22 yuan per share due to the 2025 annual equity distribution. The company said it will continue to implement the repurchase plan within the buyback period based on market conditions.

Three Squirrels released its 2026 interim report. First-half net profit attributable to the parent was 249 million yuan, up 79.9% year on year, while operating revenue was 5.28 billion yuan, down 3.6% year on year. Net profit attributable to the parent after deducting non-recurring items was 192 million yuan, up 276.9% year on year. Net operating cash flow was negative 21.29 million yuan, an improvement of 94.3% year on year. Earnings per share were 0.62 yuan. In the second quarter, operating revenue was 1.44 billion yuan, down 17.6% year on year. Net loss attributable to the parent narrowed to 24.28 million yuan from a loss of 101 million yuan in the same period last year. Net loss attributable to the parent after deducting non-recurring items narrowed to 54.58 million yuan from a loss of 112 million yuan in the same period last year. As of the end of the second quarter, total assets were 5.178 billion yuan, down 24.1% from the end of the previous year, and net assets attributable to the parent were 3.108 billion yuan, up 4.7% from the end of the previous year. The company said the snack food industry maintained steady growth while market competition intensified. More rational consumer spending is driving the industry toward a discount-oriented transformation. The company is responding by optimizing its supply chain and cost controls, while continuing to advance an integrated manufacturing, branding, and retail layout and strengthening its omni-channel sales capabilities.